Irish SMEs have highest success rate with EU funding

Ireland's SMEs had the highest success rate among the countries applying for the EU's new €3 billion SME Instrument

21st September, 2014
Ma¡ire Geoghegan-Quinn, European Commissioner for Research, Innovation and Science

Ireland's SMEs had the highest success rate among the countries applying for the EU's new €3 billion SME Instrument. Ten Irish SMEs are among the 155 SMEs from 21 countries that will each receive €50,000 to finance feasibility studies.

This represents a 20 per cent success rate among Irish applicants, compared to Austria's 15 per cent, 11 per cent for Britain and 9.3 per cent for Spain, which had the highest number of projects selected, at 39,...

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